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Cenco eNews
Helping Agents Succeed Since 1978
January 30, 2024

Your 2024 QoL Bonus Is Here

  • 20% Bonus on eligible premium in excess of $33,000
  • Minimum number of life insurance policies to be eligible for Bonus: 7 lives
  • Per case maximum of $100,000 of Paid Net-Weighted First-Year Life Premium
  • Bonus to be paid in January 2025

Help Solve High Deductible With One Simple Product

Rising deductibles mean more of your clients are exposed to high out-of-pocket costs when facing a serious illness.  In this 1-minute video, see why Assurity is so passionate about critical illness coverage – and how they can make it easy for you to offer this protection to more of your clients.

Start 2024 Strong! Athene FIA Commission Bonus

To thank you for your business and all you do to help your clients retire with confidence, Athene is offering a 50 basis point (bp) bonus on all Athene fixed indexed annuity (FIA) sales in the IMO channel through March 31, 2024.  Read more…

The Elite Producer Compensation Program Has Been Extended Through 2024

Corebridge Financial will continue to offer independent agents additional compensation opportunities with the Elite Producer Compensation Program for the 2024 calendar year.  Read more…

Ring in 2024 With AIG’s Race to 33

Be one of the first 33 agents and earn an extra bonus!

2024 Race to 33 with new threshold and payout: First 33 producers to pay $33,000+ net weighted premium with at least 5 lives in 2024 will earn an extra $1,100 of commission. Check out the flyer...

To All Corebridge Life Producers

As many of you are aware, Corebridge has been implementing a new and improved admin system over these few weeks.  During the transition, Connext is experiencing intermittent outages.  For those of you wanting to do an e-App when Connext is down, don’t forget you can always do the same iGo application by logging in to Cenco’s website and selecting “Start an e-App” or also when using “Get a Quote”.
Check Out the Cenco Website At www.cencoinsurance.com And Submit Your e-Applications for Multiple Insurers.

Corebridge Financial - Credit Card Information No Longer Accepted By Email

As of January 1, 2024, credit card authorization forms submitted to Corebridge Financial through 
e-mail will no longer be accepted.  Proper submission methods should be followed to ensure timely processing.  Read the New Business Bulletin…

Annuity Corner

Save Your Clients Money With Guarantees

CDs are popular for those wanting a safe, low-risk way to save money.  A posted 10/22 Bankrate average for a 3-year CD was .98% and is income taxable.  A 3-year Multi-Year Guaranteed Annuity (MYGA) offers 4.7% and is not currently taxable. Which one would be better for your client?

Help strengthen your client’s relationship with you. Check the rates below and contact Cenco for the most current rates for any available time periods. Your clients will be glad you did, and so will you.

Don’t miss the chance to solidify your client relationships with the best MYGA rates including
some recently updated California rates:
  • A Top 2-year rate – 5.00%
  • A Top 3-year rate – 5.15%
  • A Top 4-year rate – 5.20%
  • A Top 5-year rate – 5.25%
  • A Top 6-year rate – 5.30%
For more information and carrier details contact your Cenco support team.
 
MYGA Rates Are Increasing! 
Call Cenco For More Information at (916) 920-5251

DI Did You Know

Make More DI Sales With Assurity

Maximize your disability insurance sales with a complete selection of long-term, short-term, graded benefit and business overhead protection DI products. Watch this 1-minute video to see how Assurity can help your DI sales reach new heights.

Carrier Incentives

Travel the World With Cenco!

Stay tuned for the 2025 Leaders Conferences.
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Contact the CENCO TEAM:
Cathy Martin, and Shelli Welch, CA license #0C78343

Cenco Insurance Marketing Corporation, CA license #0561429
1501 El Camino Ave, Suite 1
Sacramento, CA 95815

Phone: (916) 920-5251
Toll Free: (800) 45-CENCO
Fax: (916) 920 8734
www.cencoinsurance.com

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